SOLD
Sold on 14 Aug 2024 for $1,800,000

2625 Princes Highway
Tynong North VIC 3813

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 401495m2
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Property Details for 2625 Princes Hwy, Tynong North

Building Type
Rural
Land Size
401495m2
Local Government
Cardinia
Lot/Plan
1/TP96709

Last Listing description (July 2015)

40 Hectares or 100 Acres
Entrance just off Highway
Great home site overlooking

beautiful valley
Comfortable farm house
5 Paddocks with horse shelters
Large dam, cattle yards
Nicely treed
1 Hour to Melbourne
Just 5kms from the new Pakenham Racetrack
Agents Comments: This property adjoins with the 22.8 acre farm, 'Swayn' located at 2645 Princes Freeway, Tynong North, presenting a great opportunity to buy one or both farms.
'Mawleywood' and 'Swayn' are both ideally and conveniently located about 1 kilometre north of the township of Tynong, on a service lane to the Princes Freeway, which gives easy access to Pakenham, about 10km and Melbourne, 65 km. They are alongside the very popular tourist and recreational facility, Gumbyah Park, renowned for its wildlife, large Pheasant and activities. Tynong is an up and coming township on the railway line and in the path and direction of the expansion of the Melbourne Growth Corridor. The Town is becoming notorious for horse racing, as it is now home to the new state of the art, Pakenham race course, which is just 5km from the 'Mawleywood' and 'Swayn' properties.

Property History for 2625 Princes Hwy, Tynong North, VIC 3813

A timeline of how this property has performed in the market
Last Sold
$1,800,000
14 Aug 2024
Listed for Rent
$245/w
26 Sep 2014
  • 14 Aug 2024
    Sold for $1,800,000
  • 22 Oct 2016
    Transferred
  • 22 Oct 2016
    Sold for $800,000
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About Tynong North 3813

The size of Tynong North is approximately 48.5 square kilometres. It has 5 parks covering nearly 40.7% of total area. The population of Tynong North in 2011 was 415 people. By 2016 the population was 426 showing a population growth of 2.7% in the area during that time. The predominant age group in Tynong North is 50-59 years. Households in Tynong North are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tynong North work in a managers occupation. In 2011, 80.1% of the homes in Tynong North were owner-occupied compared with 79.4% in 2016..

Tynong North has 184 properties. Over the last 5 years, Houses in Tynong North have seen a 74.42% increase in median value, while Units have seen a 87.72% increase. As at 30 November 2024:

  • The median value for Houses in Tynong North is $2,068,745 while the median value for Units is $1,445,107.
There are currently 3 properties listed for sale, and no properties listed for rent in Tynong north on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Tynong north.

Suburb Insights for Tynong North 3813

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.